Singapore economy

Economy watchers trim Singapore 2019 GDP forecasts

SINGAPORE is headed for a slowdown, private-sector analysts said, while agreeing that the US-China trade war is the top risk to the economy.

Singapore retail sales inch up by 0.1% in October as growth tapers off

RETAIL receipts in Singapore inched up in October on the previous year, in a sharp slowdown from the previous month’s growth, according to data from the Department of Statistics on Wednesday.

Economists fret over trade tensions, shave forecast for Singapore growth in 2019

PRIVATE economists unanimously fingered higher US-China trade tensions as a downside risk to Singapore’s growth, as they dialled down their forecast for 2019 in a recent industry poll.

SMEs expect lower turnover in 2018; sentiment weighed down by trade war: survey

MORE small and medium-sized enterprises (SMEs) in Singapore are expecting a decline in turnover this year, citing the challenging business environment as the main culprit for the dampened outlook,...

Is Singapore too risk-averse for the digital age?

Singapore is justly renowned the world over for its many public policy successes, particularly in the realms of education and planning. The country boasts world-renowned universities, and younger...

More Singaporeans employed; saw faster pay gains in 2018

A GREATER share of younger and older Singapore residents were employed in 2018, and the average full-time worker enjoyed faster income growth, with the labour market improving as economic growth...

Singapore services sector revenue up by 8% in Q3

SINGAPORE'S services industries saw revenue growth across the board in the third quarter, according to figures released on Tuesday by the Department of Statistics.

Singapore headline inflation flat at 0.7% in October, but core inflation inches higher

SINGAPORE'S headline inflation was unchanged in October from September, as private road transport costs again shrank year on year, but climbing electricity and gas prices are still putting the...

Singapore exports not very exposed to trade war: MTI analysts

THE world's biggest economies are at loggerheads but Singapore's exposure to the US-China trade war is small, an official analysis has found.

MTI: Growth to let up in 2019; Q3 GDP underwhelms

SINGAPORE'S economic growth next year is likely to ease from the pace recorded this year, weighed down by moderating global demand for electronics and the impact of the ongoing trade war.

Singapore Q3 GDP grew 2.2%, below street estimates; MTI narrows 2018 forecast to 3-3.5%

SINGAPORE’S growth in the third quarter fell short of economist predictions, dragged down by moderating demand for electronics amid uncertain global conditions arising from the US-China trade war.